CarMax Senior Principal Engineer Salaries by 4 Employees

15 - 16 years exp.

₹1.5 Crore - ₹1.7 Crore

Low Confidence

Avg. annual salary

Monthly In-hand Salary

400% more than the average Senior Principal Engineer Salary in Automobile Companies for 15 - 16 years of experience

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Salaries in different departments

Data Science & Analytics Senior Principal Engineer Salary 15 - 16 years exp. (3 salaries)	₹1.5 Cr/yr - ₹1.7 Cr/yr
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Engineering - Software & QA Senior Principal Engineer Salary 15 years exp. (AmbitionBox Estimate)	₹1.5 Cr/yr - ₹1.7 Cr/yr

Last Updated: 13 Aug 2024

Companies similar to CarMax for Senior Principal Engineer

Company name	Avg Annual Salary	Open Jobs
Visteon Senior Principal Engineer Salary 12 - 16 years exp. (5 salaries)	₹30 L/yr - ₹52.5 L/yr 75% less
Wissen Technology Senior Principal Engineer Salary 8 - 15 years exp. (141 salaries)	₹22 L/yr - ₹48 L/yr 77% less
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Technip Energies Senior Principal Engineer Salary 13 - 19 years exp. (113 salaries)	₹15 L/yr - ₹35 L/yr 84% less
Saipem Senior Principal Engineer Salary 15 - 20 years exp. (108 salaries)	₹14.3 L/yr - ₹33 L/yr 84% less
Linde India Senior Principal Engineer Salary 12 - 18 years exp. (91 salaries)	₹14.5 L/yr - ₹28 L/yr 86% less

Senior Principal Engineer salary at CarMax ranges between ₹1.5 Crore to ₹1.7 Crore per year for employees with experience between 15 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of CarMax.

Experience wise CarMax Senior Principal Engineer salaries

Last Updated: 13 Aug 2024

Experience	Avg Annual Salary
15+ years (4 salaries)	₹1.5 Cr/yr - ₹1.7 Cr/yr
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Similar Designation salaries in CarMax

Senior Engineer Salary

(AmbitionBox Estimate)

₹855 L/yr - ₹945 L/yr

Salary related reviews for CarMax

Auto Body Spray Paint And Buffing in Nairobi

Langata Department

5.0

• posted on 20 Apr 2022

5.0

for Salary and Benefits

Likes

CarMax as a company has more night and day security personnel with all corner CCTV. In CarMax,we do mechanical work and accident repair. However, the management of CarMax is well organized because everything run smoothly and in order. Additionally, CarMax employ people with well decorated experience not people with there ethinicity.

Salary - Excellent

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What I dislike about CarMax is some people salary is low according to what they are doing.

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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CarMax Senior Principal Engineer Salary FAQs

What is the salary of Senior Principal Engineer at CarMax ?

The average salary of a Senior Principal Engineer at CarMax in India typically ranges from ₹152.0 Lakhs to ₹168.0 Lakhs per year, depending on experience (from 15 years to 16 years).

The top 10% of Senior Principal Engineer at CarMax earn more than ₹160.0 Lakhs per year, and the top 1% earn over ₹160.0 Lakhs per year. Senior Principal Engineer Salaries at CarMax can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 CarMax employees in India.

What is the estimated take home salary of a Senior Principal Engineer at CarMax in India?

The estimated take-home salary of a Senior Principal Engineer at CarMax in India typically ranges from ₹8,42,621 to ₹8,61,118 per month. This is based on the average salary range of ₹152.0 Lakhs to ₹168.0 Lakhs per year for employees with experience ranging from 15 years to 16 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of CarMax. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Senior Principal Engineer in companies similar to CarMax in India?

The salary of a Senior Principal Engineer at companies similar to CarMax in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Visteon	₹30.0 Lakhs to ₹52.5 Lakhs per year
Wissen Technology	₹22.0 Lakhs to ₹48.0 Lakhs per year
Technip Energies	₹15.0 Lakhs to ₹35.0 Lakhs per year
Saipem	₹14.3 Lakhs to ₹33.0 Lakhs per year
Linde India	₹14.5 Lakhs to ₹28.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Senior Principal Engineer at CarMax in India?

The salary growth for a Senior Principal Engineer at CarMax depends on factors such as experience, performance, and promotions. On average, a Senior Principal Engineer can expect the following growth trajectory at CarMax:

Experience	Average Salary Range
15 years	₹152.0 Lakhs to ₹168.0 Lakhs per year

and so on.

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CarMax Senior Principal Engineer Salaries

CarMax Senior Principal Engineer salary in India ranges between ₹1.5 Crore to ₹1.7 Crore with an average annual salary of ₹. Salary estimates are based on 4 CarMax latest salaries received from various employees of CarMax.